Growth Metrics

COMPASS Pathways (CMPS) Operating Expenses (2019 - 2026)

COMPASS Pathways (CMPS) reported Operating Expenses of $42.9 million for Q1 2026, down 13.53% year-over-year from $49.6 million in Q1 2025, and down 6.63% on a QoQ basis from $46.0 million in Q4 2025.

COMPASS Pathways (CMPS) has 8 years of Operating Expenses data on file, last reported at $42.9 million in Q1 2026.

  • Quarterly Operating Expenses fell 13.53% year-over-year to $42.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $172.3 million (down 8.94% YoY) and the FY2025 annual result came in at $179.0 million, changed 0.47% from the prior year.
  • Operating Expenses retreated to $42.9 million in Q1 2026 per CMPS's latest filing, from $46.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $49.6 million in Q1 2025 and bottomed at $25.4 million in Q1 2022.
  • The 5-year median for Operating Expenses is $38.6 million (2024), against an average of $38.1 million.
  • The widest annual swing landed in 2022, when Operating Expenses jumped 86.88%; it then slipped 15.37% in 2025.
  • Tracing CMPS's Operating Expenses over 5 years: stood at $32.2 million in 2022, then rose by 19.3% to $38.4 million in 2023, then rose by 26.06% to $48.4 million in 2024, then retreated by 5.09% to $46.0 million in 2025, then slipped by 6.63% to $42.9 million in 2026.
  • Per Business Quant, the three latest CMPS Operating Expenses figures stand at $42.9 million (Q1 2026), $46.0 million (Q4 2025), and $40.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn 16.82 Bn
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn 27.00 Mn
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn 2.93 Bn
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn 1.29 Bn
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn 1.26 Bn
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 3.99 Bn
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn 820.65 Mn
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn 572.94 Mn
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 1.30 Bn
10 COMPASS Pathways 1.44 Bn 1.44 Bn - 42.90 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 42.90 Mn
Dec 31, 2025 45.95 Mn
Sep 30, 2025 40.54 Mn
Jun 30, 2025 42.93 Mn
Mar 31, 2025 49.62 Mn
Dec 31, 2024 48.41 Mn
Sep 30, 2024 47.90 Mn
Jun 30, 2024 43.32 Mn
Mar 31, 2024 38.57 Mn
Dec 31, 2023 38.41 Mn
Sep 30, 2023 34.06 Mn
Jun 30, 2023 32.66 Mn
Mar 31, 2023 31.79 Mn
Dec 31, 2022 32.19 Mn
Sep 30, 2022 25.54 Mn
Jun 30, 2022 27.26 Mn
Mar 31, 2022 25.42 Mn
Dec 31, 2021 28.32 Mn
Sep 30, 2021 21.77 Mn
Jun 30, 2021 19.53 Mn
Mar 31, 2021 13.60 Mn
Dec 31, 2020 8.42 Bn
Sep 30, 2020 13.48 Mn
Jun 30, 2020 17.69 Mn
Mar 31, 2020 5.75 Bn
Dec 31, 2019 5.01 Bn